Metals news continually updated from thousands of sources around the net.
15 min ago | AmericanBankingNews.com
Cliffs Natural Resources shares traded up 4.7% during trading on Monday following insider buying activity, AnalystRatingsNetwork reports. The company traded as high as $14.85 and last traded at $14.81, with a volume of 5,061,434 shares trading hands.
4 hrs ago | WLUC-TV Negaunee
Courtesy of Cliffs Natural Resources: Cliffs Natural Resources can confirm that Cliffs and Invenergy Thermal Development LLC have jointly executed a Letter of Intent to advance consideration of a combined heat and power cogeneration facility to serve Cliffs Michigan operations. Under the terms of the LOI, Cliffs and Invenergy will work toward evaluating the feasibility of a cogeneration facility with the goal of reaching a decision point within 120 days.
7 hrs ago | Freshnews
Sparton Corporation announced today that Don Pearson has been appointed as the Company's new Chief Financial Officer, effective immediately. Mr. Pearson most recently served as Senior Vice President and Chief Financial Officer of AMCOL International Corporation, a $1 billion global producer of specialty materials.
12 hrs ago | Hispanic Business
With 125 years of experience and the expertise of approximately 55,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.cbi.com .
"I'm so delighted to be here, and to know that the facility is still doing well. I'm also happy to see some of the old timers," he told us.
Just as we often examine companies that may be rising past their fair values, we can also find companies trading at what may be bargain prices. While many investors would rather have nothing to do with stocks wallowing at 52-week lows, I think it makes a lot of sense to determine whether the market has overreacted to a company's bad news, just as we often do when the market reacts to good news.
The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company's key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
The firm currently has a $7.00 price objective on the stock, up from their previous price objective of $4.24. Goldman Sachs' price target indicates a potential upside of 65.09% from the stock's previous close.
Handy and Harman major shareholder Sph Group Holdings Llc sold 97,550 shares of the stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $26.00, for a total transaction of $2,536,300.00.
Easily the most active strike is the March 1.50 put, where roughly 10,000 contracts are on the tape -- predominantly the result of three sweeps totaling 8,736 contracts. According to Trade-Alert and data from the International Securities Exchange , these bearish bets are being bought to open at a volume-weighted average price of $0.47.
A subsidiary of Rio Tinto has said that its Oyu Tolgoi mine in Mongolia has run into another obstacle, as rake arms in one of its tailings thickeners has failed, according to Reuters. The Vancouver-based miner, a subsidiary of mining company Rio Tinto Plc , said an investigation was under way to determine the cause of the failure and that repairs had begun at the mine in southern Mongolia.
City Councilmembers are unwavering in the face of what they consider to be the bullying and intimidation tactics of Waste Management , a nationwide trash collection company that lost the City's $1 billion trash and recycling contract is now pursuing legal action against the city. Along with its aggressive referendum campaign on the streets of Oakland, the company has filed a lawsuit against the city - attempting to disrupt the city's new agreement with California Waste Solutions .
During the company's fiscal 2014 conference call , CEO Andrew Mackenzie wanted to make sure investors understood that his company is not only set to survive through the trough, but is becoming a better company at the same time. According to Mackenzie, "In the 2014 financial year, we continued to deliver on our commitments."
Companies know dividends are like Scooby snacks for investors. Give an investor a dividend and they'll put up with almost anything.
Investors in search of a coal industry expert could certainly do worse than Dan Chu. He's t he managing director of mergers and acquisitions at Deutsche Bank in New York, and has spent the last 25 years of his life facilitating major transactions, mostly within the coal space.
Updated: Mon Sep 15, 2014 06:28 pm
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